Londinia Opportunities Analyses - 01/26/2023 (GMT) AEX TELECOM. - 1H

AEX TELECOM.
- EUR (-)
- 15 min delayed data - Euronext Indices
Type: Indices
Ticker: NLTEL
ISIN: QS0011016589

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 1,368.81 EUR
My targets
1,380.72 EUR (+0.44%)
1,408.39 EUR (+2.45%)
My analysis
The basic bullish trend is very strong on AEX TELECOM. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 1,368.81 EUR. Crossing the first resistance at 1,380.72 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 1,408.39 EUR as an objective. Crossing it would then enable buyers to target 1,476.77 EUR. Caution, a return to below 1,368.81 EUR would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7

Analysis too old. There are no more charts available.

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

AEX TELECOM. rating 1,374.66 EUR. On the day, this instrument lost -0.16% and was traded between 1,371.06 EUR and 1,378.26 EUR over the period. The price is currently at +0.26% from its lowest and -0.26% from its highest.

1,371.06
1,378.26
1,374.66

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this AEX TELECOM. chart shows a strongly bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,336.42 1,360.15 1,368.81 1,374.66 1,380.72 1,408.39 1,476.77
Change (%) -2.78% -1.06% -0.43% - +0.44% +2.45% +7.43%
Change -38.24 -14.51 -5.85 - +6.06 +33.73 +102.11
Level Intermediate Intermediate Intermediate - Intermediate Intermediate Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,342.121,350.521,363.711,372.111,385.301,393.701,406.89
Camarilla1,370.971,372.951,374.931,376.911,378.891,380.871,382.85
Woodie1,344.531,351.721,366.121,373.311,387.711,394.901,409.30
Fibonacci1,350.521,358.761,363.861,372.111,380.351,385.451,393.70


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,310.931,323.671,345.571,358.311,380.211,392.951,414.85
Camarilla1,357.931,361.111,364.291,367.461,370.641,373.811,376.99
Woodie1,315.501,325.961,350.141,360.601,384.781,395.241,419.42
Fibonacci1,323.671,336.911,345.081,358.311,371.551,379.721,392.95


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,208.231,253.211,276.601,321.581,344.971,389.951,413.34
Camarilla1,281.191,287.461,293.721,299.991,306.261,312.531,318.79
Woodie1,197.441,247.811,265.811,316.181,334.181,384.551,402.55
Fibonacci1,253.211,279.331,295.461,321.581,347.701,363.831,389.95

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 56.40
MACD (12,26,9): 1.5000
Directional Movement: 7.03
AROON (14): -21.43
DEMA (21): 1,373.60
Parabolic SAR (0,02-0,02-0,2): 1,362.14
Elder Ray (13): 2.32
Super Trend (3,10): 1,377.25
Zig ZAG (10): 1,374.66
VORTEX (21): 0.9900
Stochastique (14,3,5): 73.65
TEMA (21): 1,373.20
Williams %R (14): -24.97
Chande Momentum Oscillator (20): 12.15
Repulse (5,40,3): 0.1300
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 0.12
MA7: 1,367.27
MA20: 1,351.65
MA50: 1,331.72
MA100: 1,305.63
MAexp7: 1,373.70
MAexp20: 1,371.66
MAexp50: 1,368.21
MAexp100: 1,362.40
Price / MA7: +0.54%
Price / MA20: +1.70%
Price / MA50: +3.22%
Price / MA100: +5.29%
Price / MAexp7: +0.07%
Price / MAexp20: +0.22%
Price / MAexp50: +0.47%
Price / MAexp100: +0.90%

Quotes : - 15 min delayed data - Indices Euronext